Realty Income Corp. is buying net lease REIT VEREIT, reports the Arizona Republic. The CEO of MGM Resorts sees a robust leisure recovery ahead, according to Barron’s. These are among today’s must reads from around the commercial real estate industry.
Both tenants and investors are increasingly focusing on office building’s carbon footprints when considering new deals.
The company raised rents by 7.9 percent on new leases, the highest increase on record.
Nuveen Real Estate plans to offer its tenant firms everything from concierges to gyms to help refill its office buildings.